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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) has provided an update.
Southern Cross Gold Consolidated Ltd announced the issuance of 1,717,167 new CHESS Depository Interests, representing a beneficial interest in the same number of fully paid common shares. This move is part of the conversion of broker options with an issue price of A$0.30 per CDI. Additionally, the final tranche of an institutional placement is expected to settle shortly, which could impact the company’s capital structure and market positioning.
More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs
Southern Cross Gold Consolidated Ltd operates in the mining industry, focusing on gold exploration and development. The company is involved in issuing CHESS Depository Interests and is listed on both the TSX Venture Exchange and the Australian Securities Exchange.
Average Trading Volume: 289,446
Current Market Cap: A$1.39B
For an in-depth examination of SX2 stock, go to TipRanks’ Stock Analysis page.